Page 32 - MicroHUB Competence Matrix

MicroHUB - promoting creativity microbusiness though web tools in rural area
2021-1-SK01-KA220-VET-000032999

Competence Matrix for Digital entrepreneurship and business creative thinking for crafters

EQF level 5 / Advanced (for the improvement of skills or taking responsibility with guidance of others)

Competence Hint Descriptors
▪ Spot business opportunities through market research and with the use of digital
Research tools
▪ Perform market analysis and analyse the performance of other crafters or artisans
▪ Understand different levels of innovation in entrepreneurship
Spotting opportunities
Innovation ▪ Distinguish between different types of innovation applicable to craftsmanship
▪ Have knowledge on project funding opportunities
▪ Demonstrate the ability to conduct SWOT analysis
Follow-up
▪ Understand the design-thinking process
▪ Knowledge on how to set up an online business and reach markets
Microbusiness launch
▪ Ability to draft a basic contract or agreement for creating sales synergies
▪ Have knowledge on web tools for time management and planning
Planning and ▪ Create a draft business plan / business model Canva with the use of digital tools
Management ▪ Have knowledge of online assessment tools for the collection of feedback to
Entrepreneurship
improve microbusiness performance
▪ Awareness on the need for continuous development of entrepreneurial skills
through the participation in trainings and where to seek information about them
Development
▪ Knowledge on ways of seeking for knowledge online to boost own creativity and
support business development
▪ Have basic knowledge of finance and accounting, including budgeting, saving,
investing, pricing, borrowing, and also evaluating the cost of personal financial
Basics services such as insurance, credit for major purchases, and electronic cards
▪ Understand taxation and how it applies to a craftsman’s or artisan’s microbusiness
Financial and economic literacy activity
▪ Prepare a budget with the use of selected digital tools
▪ Develop a basic cash flow analysis and tax report
Practice
▪ Search for microbusiness funding or financing opportunities online, including EU
funding, artist residencies, other or interdisciplinary opportunities

This project has been funded with support from the European Commission. This communication reflects the views only of the author, and the Commission
cannot be held responsible for any use which may be made of the information contained therein.